Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income

Executive Summary

Rare beachside income opportunity — just 2 blocks from the ocean! This well-performing 4-unit investment property will potentially deliver $5,600/month or more in gross rental income with an expense structure that puts more money in your pocket: all four tenants pay their own power (4 separate meters), keeping landlord overhead to approximately $350/month in water costs. A detached 1-car garage offers serious upside — convert it to a 5th efficiency unit, expand the current unit immediately next door, or lease it as-is for additional cash flow. One tenant even handles basic lawn maintenance, making this a truly low-management asset. Whether you're a seasoned investor or looking to house-hack near the beach, this property checks every box. This is an accessible deal that won't last long. Call today before it's too late! **Financials within this listing are Pro-Forma. 2 units are currently vacant. The two rear/garage units are currently leased Month-To-Month to long term tenants at below market rates of $900 and $1,050**

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $399,500
Price Per Unit $99,875
Sale Type Investment
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • High Vacancy Property
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Single-Family Home
Lot Size 0.18 AC
Building Size 2,842 SF
Average Occupancy 100%
No. Stories 2
Year Built 1908
Zoning MFR up to 10 UNITS - Multifamily Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $1,250 -
1+1 1 $1,100 -
3+1 1 $2,000 -
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5309-13-01-0090
Land Assessment
$150,012 (2026)
Improvements Assessment
$328,214 (2026)
Total Assessment
$478,226 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 38625243

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 413 Vermont Ave, Daytona Beach, FL 32118

Contact the Sale Advisor

413 Vermont Ave

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}